Stocks slip as market retreats from 1958 high
The New York market eased in midday trading after nearly touching the 1958 peak. Industrials and key issues fell fractions, with copper, steel, and oil groups leading losses while a few names like IBM gained. Dow Jones AP average stood at noon down 40 cents to 164.20, with sectors showing mixed to weak performance.
MENTIONED IN THIS ARTICLE
New York
Martin Co
Philco
U.S
du Pont
Allied Chemical
Union Carbide
Gulf Oil
Texas Co
Royal Dutch
Illinois Central, Southern Railway
Baltimore & Ohio
Republic Steel
Goodyear
Zenith
General Motors
Ford
Chrysler
Associated Press
Cotton Prices and Major Stocks in New York Markets
Cotton futures opened with declines of 30 to 55 cents per bale while May and July contracts traded around mid thirties. a list of leading industrials and utilities shows mixed gains and losses with Consolidated Edison, Eastman Kodak, General Electric and Standard Oil among prominent movers. broad activity reflects a cautious session across commodities and equities.
MENTIONED IN THIS ARTICLE
New York U
Ehevenvcress
Weeseseeress
Consolidated Edison
How to Live on 24 Hours a Day from Reader's Digest
A condensed note promoting a Reader's Digest feature by Arnold mapping practical time management. It urges readers not to delay and to value time as a precious possession, highlighting an April issue at newsstands.
MENTIONED IN THIS ARTICLE
Arnold
See Gouee Broadcast Schedule Snippet
Channel 12 listings show Gouee at 9 00 with a $30 item at 16 00. Broken Arrow and Jack appear in the afternoon sequence with 10 30 and 11 30 slots.
MENTIONED IN THIS ARTICLE
Eve
Garry
Arthur Godfrey
RFD Weather
Love of
RFD Piedmont
Search For
Tomerre
Ste Erwin
Art Linkletter
Gouee
Fens
Meet McGraw
Jack Paar
Channel 4
Faith
Arte
Dow Jones Averages Show Mixed Close Across Sectors
The latest Dow Jones figures from Bache & Co indicate mixed finishes with the 90 Industrials around the 462.9 area and rails near 106.18 while utilities hover near 72.47. Trading volume totals were reported at 460,000 to 990,000 across listed groups.
MENTIONED IN THIS ARTICLE
Bache & Co
Tax Burden Blamed For Slowing Economic Boom
SAM DAWSON argues high taxes slow business and hinder recovery. He cites federal corporate taxes at 52 percent, plus state and local levies, as reducing profits and investment incentives. Critics say taxes drive mergers, wasteful expenses, and risky accounting, though charitable gifts offer some offset.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
U.S. Treasury
Also Mentioned on This Page
Magma
Anaconda
Kennecott
International Nickel
Phelps Dodge
Escache American Can Co
Allied Chemical & Dye
American Tobacco Co
the Borden Co
Bethlehem Steel Burlington Mills
Chrysler Corp
New York Central RA i
Carolina Light & Power
Douglas Aircraft 177
DuPont de Nemours
Eastern Airlines
Rialto
Wfemy-Tv
Greensboro
Amos
Andy
Love Lacy
Douglas Edwards
State Trooper
Wsjs-Tv
Winston-Salem
Queen
Jay
Rootes & Saddles
Eo Gee & Sea
High Point
Carolina Tri-City Termite CO
N. Wrenn ST
WBTV
Charlotte
RCA Victor
Dumont
Admiral
TV 9 Television Sales & Service
North Main ST
Roanoke
George
NTE Tel
Wsoc-Tv
Dayton Tires
Hughes Tire Service, Inc
North Main
Wunc-Tv
Chapel Hill
Dow-Jones
Beacon Inn
Becker & Springfield
Warner Bros
Cheyenne
BI Nonore Stanley Clements
Thomasy Vill
Firme
Treasury
Crea
George Nader
Jane Powell
Smedad
Parson and the Outlaw
Sonny Tufts
Tony Dexter
Jed Harris
Orive
Naca Fmam
Erice Kovaks
Kathryn Grant
Arthur O' Connell O
Mickey Roghet
FCN
Roger
Roal
Rus
Thomasville
K. Corral
Rhonda
Fleming
van Fleet
How Sturges
Screenprey
Leon Urs
Paramount Picture Technicolor
Bacall
Tom & Jerry
Wright-Womble-Pitts
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!